GrandSouth Bank welcomes three new board members

April 4, 2019

The GrandSouth Bank Board of Directors welcomes three new members: John W. Shealy, Jr. (Rusty), Anthony Morgan (Tony), and Edward Monts Rast Jr. (Monty). They bring exceptional leadership and business skills to our board.

Rusty Shealy has over 35 years of experience in business management and ownership. Shealy is originally from Lexington, SC, but found his way to Columbia after graduating with a business degree from the University of South Carolina. Shealy has experience as a CPA and CFO. He has also founded multiple businesses, most recently Capital Concrete Co. in 2006. Shealy’s business savvy and focus on innovation have helped his businesses grow and thrive.

Tony Morgan has over 25 years of experience in the aviation industry, where he has focused on leasing, sales, repairs and customer service. Morgan began his career with Airline Container Leasing and quickly moved to a start-up of ACL called D.O.T. Tiedown. Collectively, D.O.T. Tiedown and ACL are now known as ACL Airshop. Currently in Greenville, SC, he serves as Vice Chairman of ACL Airshop, Morgan has positioned ACL Airshop as a leading worldwide provider of ULD (unit load device), cargo control, and air freight products and services.

Monty Rast has more than 35 years of experience in farming as owner and operator of Edward Rast Farms which specializes in peanuts and cotton. Rast was named SC Farmer of the Year in 2012. Based in Cameron, SC, he is president of Cameron Ag Products and managing partner and owner of Carolina Peanuts. Rast has chaired the Young Farmer and Rancher Committee for South Carolina Farm Bureau, among other committees.

Shealy, Morgan, and Rast join the GrandSouth Board of Directors that is chaired by Mason Y. Garrett, founder of GrandSouth Bank. The Board of Directors includes JB Schwiers, John B. GarrettHarold E. GarrettMichael L. GaultBeaty O. Gross Jr., S. Hunter Howard Jr., and J. Calhoun Pruitt Jr.

 

About GrandSouth Bank
GrandSouth Bancorporation was founded in 1998 as a commercial bank. Since then it has grown into seven locations and offers many commercial banking services for individuals and small businesses. The bank has over $700 million in assets, including over $600 million in gross loans. Learn more at: https://www.grandsouth.com/